ETFEMA - 1nvest MSCI EM Asia ETF

Sep 26, 2023 at 14:04 Twitter · Facebook

ETFEMA share price on Johannesburg Stock Exchange

1NVEST MSCI EM Asia Index Feeder ETF is an exchange-traded fund that provides access to investors who wish to track the performance of the MSCI Emerging Markets Asia Index. The MSCI Emerging Markets Asia Index Net USD (“the Index”) measures the performance of large and mid-capitalisation stocks of certain emerging markets countries in Asia which comply with MSCI's size, liquidity, and free-float criteria. The Index is market capitalisation weighted and rebalances on a quarterly basis. The index covers approximately 85% of the free float- adjusted market capitalisation across 8 Emerging Markets countries. The aim of the portfolio is to provide returns linked to the performance of the Index on a total return basis net of any tax withheld at source in respect of dividends. The portfolio aims to track the performance of the index as closely as feasibly and practically possible.

1nvest MSCI EM Asia ETF is listed on the Johannesburg Stock Exchange (JSE) since August 18th, 2022. 1nvest MSCI EM Asia ETF is traded on the JSE under the ticker symbol “ETFEMA”. The International Securities Identification Number (ISIN) of JSE:ETFEMA is ZAE000313409. 1nvest MSCI EM Asia ETF is currently the 365th most valuable stock on the JSE with a market capitalization of ZAR 97.8 million, which makes about 0.0005% of the Johannesburg Stock Exchange equity market.

ETFEMA Stock Market Performance

The current share price of 1nvest MSCI EM Asia ETF (ETFEMA) is ZAR 28.42. ETFEMA closed its last trading day (Friday, September 22, 2023) at 28.43 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.7% gain over its previous closing price of 28.23 ZAR. 1nvest MSCI EM Asia ETF began the year with a share price of 25.43 ZAR and has since gained 11.8% on that price valuation, ranking it 89th on the JSE in terms of year-to-date performance.

1nvest MSCI EM Asia ETF is the 285th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 27 - Sep 22, 2023). ETFEMA has traded a total volume of 600,028 shares—in 532 deals—valued at ZAR 17.5 million over the period, with an average of 9,524 traded shares per session. A volume high of 65,431 was achieved on July 7th, and a low of 38 on July 19th, for the same period. The table below details the last 10 trading days of activity of 1nvest MSCI EM Asia ETF on the Johannesburg Stock Exchange.

Profile of 1nvest ETF Issuer (RF) Limited

1nvest ETF Issuer (RF) Limited operates in the Financials sector, specifically, the Investment Services industry.

ETFEMA Industrial Market Competitors

1nvest ETF Issuer (RF) Limited, issuers of the ETFEMA, 1nvest S&P 500 IT ETF (+50.5%), 1nvest S&P 500 Index ETF (+26.42%), 1nvest MSCI World ETF (+24.21%), 1NVEST MSCI World SRI ETF (+23.78%), 1nvest Gold ETF (+16.86%), 1nvest USD Short-Dated Treasury Index Feeder ETF (+9.57%), 1nvest G7 Govt Bond ETF (+6.7%), 1nvest Global REIT ETF (+5.6%), 1nvest TOP 40 ETF (+2.07%) and 1nvest SWIX 40 ETF (-1.17%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange